Venus is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC). The protocol introduces a simple-to-use crypto asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem, enabling users to directly borrow against collateral at high speed while losing less to transaction fees.
What Makes Venus Unique?
Venus’ main strength is its high speed and extremely low transaction costs, which are a direct result of being built on top of the Binance Smart Chain. The protocol is the first to enable users to access lending markets for Bitcoin (BTC), XRP Litecoin (LTC) and other cryptocurrencies to source liquidity in real-time, thanks to its near-instant transactions. There are several things that we should consider investing in or making transactions with the Venus token (XVS), has the opportunity to become one of the token that can compete on the Cryptocurrency exchange, registered in CMC (Coin Market Cap) and has a rank of 323.
Token Price Outlook
According to the Digital Coin Price website, there are predictions related to this Venus token.The prediction includes, the price of Venus(XVS) will continue to increase by doubling within the next year to touch the price of $ 62 USD.The website does not only list one prediction, there are four more predictions that are embedded.Predictions in year 2 touch the price of $62.51 USD, year 3 $90.16 USD, then year 4 at $104.7 USD and the last year at $130.09 USD. This proves that the prospect of this token is high and can be trusted as an investment instrument.
Venus will be listed on Digiassetindo soon, for more information about Venus follows our latest updates on Digiassetindo social media.